By: Lars Mucklejohn

Banking and Fintech Reporter Lars Mucklejohn is a reporter at City A.M. covering banking and fintech. For tips and stories, he can be contacted at lars.mucklejohn@cityam.com and posts at x.com/LarsMucklejohn

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The Co-operative Bank to slash 400 jobs in cost-cutting drive

March 26, 2024

The Co-operative Bank has announced that it plans to cut around 400 jobs as the lender looks to reduce costs.
William Hill owner 888 tries to summon up memories of growth with name change to evoke

March 26, 2024

William Hill owner 888 has reported that it narrowed its losses last year as the gambling giant announced it intended to rebrand as evoke plc.
CAB Payments: Fintech’s earnings hit by currency policy shifts after disastrous London float

March 26, 2024

Fintech CAB Payments' earnings have been hit by "unforeseen central bank interventions" as the firm looks to draw a line under a year which saw it become one of London's biggest stock market flops.
What’s next for Direct Line after Ageas abandons takeover attempt?

March 25, 2024

Direct Line's chief executive Adam Winslow has only been in the job for three weeks but is already making a strong impression.
UK government no longer a controlling shareholder in Natwest after taking stake below 30 per cent

March 25, 2024

Taxpayers paid £45.5bn for the bailout but have lost out as Natwest’s share price has halved since then.
Bumper buybacks and ‘attractive’ dividends boost UK’s world-leading shareholder yield

March 25, 2024

UK fund managers are seeing a "material boost" from bumper share buybacks, according to broker Hargreaves Lansdown, as investor returns rebound from a pandemic slump.
Google owner Alphabet, Apple and Meta probed under sweeping new EU digital law

March 25, 2024

The EU has opened investigations into Apple, Facebook owner Meta and Google owner Alphabet in the first probes under sweeping new tech legislation that could lead to heavy fines.
Wise poaches Delivery Hero finance chief as customers swell and competition intensifies

March 25, 2024

Money transfer firm Wise has appointed Delivery Hero's chief financial officer Emmanuel Thomassin to be its new CFO as the company sees a surge in customer numbers and rising competition.
Peel Hunt-backed Retailbook lands £2.5m ahead of expected green light from City regulator

March 25, 2024

Investment bank Peel Hunt has announced that Retailbook, the company it founded to give retail investors access to IPOs, has raised £2.5m as it expects imminent authorisation from the City regulator.
Oaknorth posts jump in profit as challenger bank targets US expansion and mulls public listing

March 25, 2024

Challenger bank Oaknorth has posted a jump in annual profit on the back of higher lending and an expansion into the US as it looks forward to a potential IPO.

Labour ‘political point-scoring’ over bank rules risks investment exodus, top Nomura exec warns

Royal Ascot worth £140m to UK economy

Old Pulteney releases 50-year-old whisky for 200th anniversary

By: Lars Mucklejohn

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